How do population ageing shocks affect the long-run macroeconomic performance of an economy? To answer this question we build a general equilibrium overlapping generations model of a closed economy featuring endogenous factor prices. Finitely-lived individuals are endowed with perfect foresight...

We construct an overlapping generations model for the small open economy whichincorporates a realistic description of the mortality process. Agents engage in educational activities at the start of life and thus create human capital to be used later on in life for production purposes. Depending...

I examine and test hypotheses for the differential performance of men and women in the arts. I consider whether observed outcomes are best accounted for by differing innate and genetic endowments across the sexes, variations in training opportunities, maternal responsibilities, or discrimination...